PKR strengthens by 4 paisa against greenback

MG News | November 07, 2019 at 04:24 PM GMT+05:00

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November 07, 2019 (MLN): Pakistani rupee (PKR) appreciated by 4 paisa against US Dollar (USD) in today's interbank session as the currency closed the day's trade at PKR 155.55 per USD, against yesterday's closing of PKR 155.59 per USD.

The rupee endured a relatively dull trading session with very little intraday movement, trading in a range of 6 paisa per USD showing an intraday high bid of 155.62 and an intraday Low offer of 155.58.

Within the Open Market, PKR was traded at 155/156 per USD.

Meanwhile, the currency gained 24 paisa against the Pound Sterling as the day's closing quote stood at PKR 200.19 per GBP, while the previous session closed at PKR 200.42 per GBP.

Similarly, PKR's value strengthened by 15 paisa against EUR which closed at PKR 172.38 at the interbank today.

On another note, within the money market, the overnight repo rate towards close of the session was 13.10/13.25 percent, whereas the 1 week rate was 13.20/13.25 percent.

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